Policy Brief Review
The author of this report is to find and summarize a policy brief as it appears on the Robert Wood Johnson Foundation website. As part of the review process, there will be a summary of several of its main points and objectives. These will include the policies and subjects covered, who the foundation is trying to influence, whether the brief is evidence-based, whether there are gaps in the knowledge base, what the expected outcomes might be, who those outcomes would affect, what the burdens would be, who those burdens would affect, what the benefits would be and who precisely would gain the most. While price transparency may not be seen as a major issue, the Foundation website assert that there is roughly $105 billion in annual waste due to price variations and an overall lack of price transparency.
Analysis
As explained by the policy brief, the problem is that the Institute of Medicine found out that there is roughly $105 billion in annual waste within the broader healthcare spending pie, as was briefly mentioned in the introduction. The brief asserts that there is a lack of public information on the price of healthcare services and this contributes to waste by denying employers, purchasers, and...
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